Constellation offers to sell nuclear stake to EDF
BY: Daily Record Staff
POSTED: October 15, 2010
Tags: calvert cliffs, constellation, edf, Nuclear Power
Constellation Energy Group Inc. offered to sell its 50 percent stake in a nuclear-power joint venture to Electricite de France SA for $1 plus the reimbursement of $117 million in development and design costs, according to a story from Bloomberg. Baltimore-based Constellation said an option it has to sell 12 coal, hydroelectric and natural-gas plants [...]
EDF shares fall on nuclear news
BY: Associated Press
POSTED: October 11, 2010
Tags: constellation, edf, nuclear
PARIS — Shares in Electricite de France SA slid Monday after the French state-owned utility’s U.S. partner, Constellation Energy Group, pulled out of a project to build the first of a new generation of nuclear power plants in Maryland. The announcement dealt a serious setback to EDF’s ambitions to lead a nuclear renaissance in the [...]
EDF may challenge Constellation
BY: Staff and Wire Reports
POSTED: October 7, 2010
Tags: constellation, edf, Energy
Electricite de France SA, the world’s biggest operator of nuclear reactors, may mount a legal challenge should Constellation Energy Group Inc. demand the Paris-based company pay $2 billion for U.S. power plants under a 2008 agreement, Bank of America Merrill Lynch analysts said Thursday. Constellation “has the contractual right” expiring at year-end to sell non-nuclear [...]
Constellation-EdF deal complete 
BY: Danielle Ulman
POSTED: November 6, 2009
Tags: Constellation Energy, edf, Energy
Constellation Energy Group Inc. and Electricite de France have completed the transaction for their $4.5 billion nuclear joint venture, the companies said Friday. “With the close of the transaction, the companies look forward to working together to deliver the expected economic, environmental and clean energy benefits created by the joint venture,” Constellation and EDF said [...]
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